The Government of Pakistan has launched the Asaan Karobar Card Scheme, a Get Up to 10 Lakh interest-free Loan initiative to empower small business owners and self-employed individuals nationwide. If you’ve dreamed of growing your own business without any financial burden, this new scheme could be your game-changer. Most importantly, it’s not just about money. The Asaan Karobar Card Scheme is about restoring confidence, building self-reliance, and reducing unemployment practically.
What is the Asaan Karobar Card Scheme?
The Asaan Karobar Card Scheme is a government-backed loan facility designed for micro, small, and medium enterprises (MSMEs). Under this scheme, eligible individuals can get interest-free loans up to 10 lakh rupees, helping them start or expand their small businesses without turning to costly bank loans or informal lenders.
This initiative is part of the broader PM Youth Program and economic inclusion strategy.
Who Can Apply for the Asaan Karobar Card?
This scheme is open to a wide range of people from various regions and backgrounds. You may be eligible if you:
-
Are a Pakistani citizen aged 18 to 45
-
Have a valid CNIC and mobile number
-
Own or plan to start a small business or startup
-
Are not employed in the public sector
-
Can provide a basic business plan or idea
The aim is to help low and middle-income individuals who lack access to traditional financing.
Loan Amount and Repayment Terms
Under the Asaan Karobar Card Scheme, Get Up to 10 Lakh interest-free Loan. There are three categories of interest-free financing:
-
Tier 1: Up to Rs. 500,000 – no collateral required
-
Tier 2: From Rs. 500,001 to Rs. 1,000,000 – minimal documentation
-
Tier 3: Rs. 1,000,001 to Rs. 2,500,000 (offered under separate Youth Business Loan tier)
Repayment tenure ranges from 2 to 5 years, and in most cases, monthly installments start after a grace period of 6 months.
How to Apply for the Asaan Karobar Card Scheme Online
Applying is simple and fully digital. Just follow these steps:
-
Visit the official PM Youth Program portal
-
Click on the “Asaan Karobar Card” section
-
Fill out your personal and business information
-
Upload your CNIC, photo, and business plan (if any)
-
Submit the form and wait for SMS or email confirmation
You can track your application via the portal anytime.
Which Banks Are Participating?
Several banks are part of this scheme, including:
-
National Bank of Pakistan (NBP)
-
Bank of Punjab
-
Bank of Khyber
-
Meezan Bank
These banks will issue the Karobar Card, which acts like a debit card to withdraw your loan amount and make business-related transactions.
Top Benefits of the Asaan Karobar Card Scheme
-
Interest-free financing up to Rs. 10 lakh
-
Access to formal banking and digital payments
-
Empowerment for youth, women, and rural entrepreneurs
-
Simplified application and approval process
-
Encourages economic independence and job creation 👏
Challenges & Tips for Approval
While the scheme is well-intended, some users face rejection due to:
-
Incomplete forms or missing documents
-
No clear business model
-
Credit history (if applying under higher tiers)
Tip: Submit a simple, realistic business idea. Even a small shop, home-based service, or food stall can qualify if you show potential.
Conclusion
The Asaan Karobar Card Scheme Get Up to 10 Lakh interest-free Loan is more than just a financial aid program — it’s a step toward economic freedom and self-reliance for Pakistan’s youth, small business owners, and underprivileged entrepreneurs. With zero interest, easy application, and support from major banks, this scheme is built to empower those who want to grow without debt pressure.
If you’ve been waiting for the right opportunity to launch or expand your small business, now is the time to take action. Apply online, prepare a simple plan, and let this government-backed scheme help turn your ideas into income.